Long
Great miner, likely going up with momentum
This is a great little miner with strong fundamentals. They have a ton of cash on balance-sheet and they were still profitable in the abysmal commodity price environment. They are also bringing up a major Zinc project that comes online at the right time when the world market is going to experience a severe Zinc shortage. MACD is weakening but the trend is turning up. I think this goes up to 4.32 and then breaks out as the commodity momentum continues.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.